Compare easyMarkets vs Globex360
What is easyMarkets? What is Globex360?
easyMarkets is an online trading broker that offers trading with forex, CFDs, indices, metals, commodities, cryptocurrencies, and options. It was established in 2001 and is regulated by CySEC, ASIC, FSA, and FSC. Globex360 is a South African online trading broker that offers trading with forex, CFDs, indices, metals, energies, and crypto. It was launched in 2017 and is regulated by FSCA
easyMarkets vs Globex360 Regulation Comparison
easyMarkets has more regulatory licenses than Globex360. easyMarkets is authorized by four tier-1 regulators: CySEC (Cyprus), ASIC (Australia), FSA (Seychelles), and FSC (British Virgin Islands). Globex360 is only authorized by one tier-2 regulator: FSCA (South Africa).
easyMarkets vs Globex360 Trading Assets Comparison
easyMarkets has a wider range of trading assets than Globex360. easyMarkets offers 199 tradable symbols, including 62 forex pairs, 15 cryptocurrencies, and 122 CFDs on indices, metals, commodities, options, and ETFs.
Globex360 offers 1062 tradable symbols, including 49 forex pairs, 6 cryptocurrencies, and 1007 CFDs on indices, metals, energies, futures, and shares.
easyMarkets vs Globex360 Trading Fees Comparison
easyMarkets has lower trading fees than Globex360. easyMarkets offers fixed spreads from 0.8 pips on forex pairs and charges no commissions or hidden fees. Globex360 offers fixed spreads from 1.2 pips on forex pairs and charges commissions of $8 per lot round turn.
easyMarkets vs Globex360 Account Types Comparison
easyMarkets has more account types than Globex360. easyMarkets offers four account types: Standard, Premium, VIP, and Super VIP. The minimum deposit for each account type is $25, $1000, $2500, and $5000 respectively. The leverage for each account type is up to 1:400, 1:400, 1:400, and 1:200 respectively. The spreads for each account type are from 0.9 pips, 0.8 pips, 0.7 pips, and 0.6 pips respectively.
Globex360 offers three account types: Classic, Premium, and Private Wealth. The minimum deposit for each account type is $250, $1000, and $5000 respectively. The leverage for each account type is up to 1:200, 1:300, and custom respectively. The spreads for each account type are from 1.2 pips, 0.9 pips, and custom respectively.
easyMarkets vs Globex360 Deposit Options Comparison
easyMarkets has more deposit and withdrawal options than Globex360. easyMarkets supports various payment methods such as WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, BPAY, iDEAL, SOFORT, FasaPay, Crypto (Litecoin/Ethereum/Crypto Cash/Tether), giropay and AstroPay. Globex360 supports fewer payment methods such as Skrill, Wire transfer Credit/debit cards Neteller Crypto (Ethereum/Tether).
easyMarkets vs Globex360 Trading Platforms Comparison
easyMarkets has more trading platforms than Globex360. easyMarkets offers its own web platform and app platform as well as MetaTrader 4 (MT4) and TradingView platforms. Globex360 only offers MetaTrader 4 (MT4) platform.
easyMarkets vs Globex360 Analytical Tools Comparison
easyMarkets has more analytical tools than Globex360. easyMarkets provides various tools such as dealCancellation (a feature that allows traders to undo a losing trade within a specified time frame), Freeze Rate (a feature that allows traders to pause the market price for a few seconds), Inside Viewer (a feature that shows the percentage of traders buying and selling a certain instrument), Trading Signals (a feature that provides buy or sell recommendations based on technical analysis), Market News (a feature that provides the latest news and analysis from financial experts), Financial Calendar (a feature that shows the upcoming economic events and their impact on the markets), Trading Charts (a feature that provides interactive charts with various indicators and tools), and Education Center (a feature that provides various learning materials such as videos e-books articles webinars FAQs glossary etc.).
Globex360 does not provide any of these tools except for Trading Signals Market News Financial Calendar Trading Charts and Education Center.
easyMarkets vs Globex360. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, goals, preferences, and risk appetite. There is no definitive answer to which broker is better, as different brokers may have different advantages and disadvantages for different traders. However, you may consider some of the following factors to help you make your choice:
- Regulation: If you value the security and credibility of your broker, you may prefer easyMarkets over Globex360, as easyMarkets has more regulatory licenses from reputable authorities than Globex360. easyMarkets is authorized by four tier-1 regulators: CySEC (Cyprus), ASIC (Australia), FSA (Seychelles), and FSC (British Virgin Islands). Globex360 is only authorized by one tier-2 regulator: FSCA (South Africa).
- Trading Assets: If you value the diversity and variety of your trading instruments, you may prefer Globex360 over easyMarkets, as Globex360 has a wider range of trading assets than easyMarkets. Globex360 offers 1062 tradable symbols, including 49 forex pairs, 6 cryptocurrencies, and 1007 CFDs on indices, metals, energies, futures, and shares. easyMarkets offers 199 tradable symbols, including 62 forex pairs, 15 cryptocurrencies, and 122 CFDs on indices, metals, commodities, options, and ETFs.
- Trading Fees: If you value the affordability and transparency of your trading costs, you may prefer easyMarkets over Globex360, as easyMarkets has lower trading fees than Globex360. easyMarkets offers fixed spreads from 0.8 pips on forex pairs and charges no commissions or hidden fees. Globex360 offers fixed spreads from 1.2 pips on forex pairs and charges commissions of $8 per lot round turn.
- Account Types: If you value the flexibility and customization of your trading conditions, you may prefer easyMarkets over Globex360, as easyMarkets has more account types than Globex360. easyMarkets offers four account types: Standard, Premium, VIP, and Super VIP. Globex360 offers three account types: Classic, Premium, and Private Wealth.
- Deposit and Withdrawal Options: If you value the convenience and speed of your payment methods, you may prefer easyMarkets over Globex360, as easyMarkets has more deposit and withdrawal options than Globex360. easyMarkets supports various payment methods such as WebMoney Skrill Wire transfer Credit/debit cards Neteller UnionPay BPAY iDEAL SOFORT FasaPay Crypto (Litecoin/Ethereum/Crypto Cash/Tether) giropay and AstroPay. Globex360 supports fewer payment methods such as Skrill Wire transfer Credit/debit cards Neteller Crypto (Ethereum/Tether).
- Trading Platforms: If you value the functionality and usability of your trading software, you may prefer easyMarkets over Globex360, as easyMarkets has more trading platforms than Globex360. easyMarkets offers its own web platform and app platform as well as MetaTrader 4 (MT4) and TradingView platforms. Globex360 only offers MetaTrader 4 (MT4) platform.
- Analytical Tools: If you value the support and guidance of your trading resources, you may prefer easyMarkets over Globex360, as easyMarkets has more analytical tools than Globex360. easyMarkets provides various tools such as dealCancellation Freeze Rate Inside Viewer Trading Signals Market News Financial Calendar Trading Charts and Education Center. Globex360 does not provide any of these tools except for Trading Signals Market News Financial Calendar Trading Charts and Education Center.
